Narrative Science is the leader in automated narrative generation for the enterprise. Powered by artificial intelligence, its Quill™ platform analyzes data from disparate sources, understands what is important to the end user and then automatically generates perfectly written narratives to convey meaning from the data for any intended consumer or business audience, at unlimited scale.

Broadcom Profit Expected to Fall

Despite an expected dip in profit, analysts are generally optimistic about Broadcom as it prepares to reports its first-quarter earnings on Thursday, April 24, 2014. The consensus earnings per share estimate is 25 cents per share.

The consensus estimate is down from three months ago when it was 26 cents, but is unchanged over the past month. Analysts are projecting earnings of $1.65 per share for the fiscal year. A year after being $2.01 billion, analysts expect revenue to fall 2% year-over-year to $1.96 billion for the quarter. For the year, revenue is expected to come in at $8.53 billion.

In the past two quarters, the company’s revenue has increased. In the fourth quarter, revenue increased 3% to $2.06 billion from the year earlier quarter. In the third quarter, the figure rose 1%.

The majority of analysts (58%) rate Broadcom as a buy. This compares favorably to the analyst ratings of eight similar companies, which average 42% buys.

Post Your Comment

Post Your Reply

Forbes writers have the ability to call out member comments they find particularly interesting. Called-out comments are highlighted across the Forbes network. You'll be notified if your comment is called out.